Lam Dong proposes to return nearly 800 billion VND of investment capital to the Central Government

The data was provided by the Department of Finance at the meeting to deploy tasks and solutions to accelerate the disbursement of public investment capital organized by the People's Committee of Lam Dong province on the evening of October 7.

Director of the Department of Finance Phan The Hanh informed about the general disbursement situation of public investment capital of the province.

The Department of Finance said that Lam Dong's total public investment capital in 2025 is 18,600 billion VND. By the end of September 2025, the whole province had disbursed 5,254 billion VND, reaching 28.2% of the plan.

Implementing the direction from the Central Government, the Department of Finance has reviewed the capital allocated for projects in 2025. Some projects such as: Dao Nghia - Quang Khe Road Project Phase 2; Bao Loc - Lien Khuong Expressway Project... proposed to transfer capital, the Department of Finance synthesized and issued a document requesting to return nearly 800 billion VND to the Central Government.

The head of the Provincial People's Committee said that it is impossible to return money to the Central Government because of failure to disburse.

A representative of the Department of Finance said that in addition to central capital, some investors proposed to pay capital from local budgets, while the address that needs more capital is quite modest.

“The investors return the capital to increase the capital disbursement rate of the unit. However, this cannot change the general capital disbursement rate of the whole province,” said a representative of the Department of Finance.

In response to the information provided by the Department of Finance, Chairman of the Provincial People's Committee Ho Van Muoi assigned Vice Chairman of the Provincial People's Committee Vo Ngoc Hiep to work directly with the Department of Finance to resolve difficulties and problems regarding public investment on the morning of October 8.

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Returning capital is a mistake to the people because with this money, many projects can be built to serve people's lives.
Chairman of Lam Dong Provincial People's Committee Ho Van Muoi

The head of the provincial People's Committee said that it is impossible to return money to the Central Government because of the failure to disburse. The province only prioritizes returning capital to projects that are stuck in mineral planning.

Faced with the situation of having to repay capital, the Chairman of Lam Dong Provincial People's Committee requested to urgently find solutions and effectively use capital sources to serve socio -economic development.

Source: https://baolamdong.vn/lam-dong-de-nghi-tra-gan-800-ty-dong-von-dau-tu-ve-trung-uong-394888.html